Asia buys less Iran crude, but volumes back above 1 mln bpd
Asian buyers of Iranian crude imported 6.6 percent less in September than a year ago, the first on-year decline since December, but shipments rose back above the 1 million barrels-per-day mark allowed under a deal that eased Western sanctions. World powers are negotiating to strike a permanent settlement with Iran on its disputed nuclear program by a Nov. 24 deadline. Tehran would have to curb its nuclear work to ensure it cannot be applied to weapons in exchange for removal of the sanctions that have hobbled its oil-based economy. Iran and ...
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